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The smoothing of pension expense is: unethical and not allowed by GAAP. allowed through amortization and deferral to prevent volatility in earnings. not allowed by
The smoothing of pension expense is: unethical and not allowed by GAAP. allowed through amortization and deferral to prevent volatility in earnings. not allowed by GAAP if the sole purpose is to prevent earnings volatility. illegal and prohibited by SEC
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